Anti energy bill will cut health insurance for millions

Energy Tomorrow has a roundup of criticisms of the Waxman-Markey debacle. One of the studies says:

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Yesterday, the National Center for Public Policy Research unfurled a third red flag when it released an analysis showing that millions of Americans could lose their health insurance if the Waxman-Markey bill is passed. "For every one percentage point increase in unemployment, 1.1 million Americans lose their health insurance coverage," said David A. Ridenour. "With the Waxman-Markey legislation projected to cost an average of 1.15 million jobs annually between 2012 and 2030, this could translate into tens of millions of Americans losing their health insurance coverage."

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This looks like some political jujitsu, but I think it is an effective way of showing how the anti energy bill will impact workers and former workers. The bill will cost us a fortune in new taxes and lost wages.

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Also on Friday, the Treasury Department released documents showing that the administration expects to raise as much as $300 billion in new government revenue every year under a Waxman-Markey-like bill. The documents were released after the Competitive Enterprise Institute (CEI) announced the results of its Freedom of Information Act request for the administration's cost estimates. CEI says the bill could cost the average American household more than $1,000-2,000 per year.

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Even if you are not in the energy business this bill will have a negative impact on your standard of living.

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